Know Your Customer (KYC) Policy :

KYC is a must to open a account. At the same time we need to know about the customer in the following manner for a individual nature of account:

Name of the customer
Date of birth
Father's name
Mother's name
Marital status
Spouse name
Present address
Permanent address
Passport number or any identification
Phone number both T&T & Mobile
Occupation
Source of fund
TIN number
Vat registration no
Any other related information with relevant documents
Purpose of the accounts
Volume of transaction
Nature of transactions

Basically KYC is required as per guideline of Anti Money Laundering (AML) Act 2002. Main purpose of KYC is to find out the real identity of the customer to whom a bank will do business.